- Amendments to the rulebook on electronic invoicing in Serbia have been adopted by the Ministry of Finance.
- The amendments came into effect on 1 January 2024.
- The deadline for electronic recording of value added tax (VAT) in SEF has been reduced from 15 to 10 days after the end of the tax period.
- If an e-invoice is not issued within 10 days after the end of the tax period, the calculated VAT is recorded in the individual records for that period.
- VAT on advance payments is recorded in the tax period in which the advance was paid, and the difference between the VAT amount calculated on the consideration for the supply and the VAT amount based on the advance payment is recorded in the tax period of the supply.
- From 1 March 2024, the list of SEF users must include the tax identification number, unique number of user of public funds, date of registration on SEF, and date of deletion if the entity is removed from the list.
- Deletion from the list of SEF users is initiated by an electronic request from the user.
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
